NEZACORP: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
NEZACORP
Largest movements
- Cash +€48,790
up €48,790 (+252%), from €19,373 to €68,163
mainly Provisions (+€36,469) and Tax, wage and social debts (+€13,327)
- Receivables within one year +€6,616
up €6,616 (+25.1%), from €26,348 to €32,964
- Provisions +€36,469
new in 2025: €36,469
- Tax, wage and social debts +€13,327
up €13,327 (+95.0%), from €14,024 to €27,351
of which Taxes: +€13,327
- Profit (loss) carried forward +€8,522
up €8,522 (+41.0%), from €20,770 to €29,292
- Other debts -€3,023
down €3,023 (-45.8%), from €6,598 to €3,575
- Provisions +€36,469
new in 2025: €36,469
- Gross operating margin +€31,552
up €31,552 (+110%), from €28,571 to €60,123
- Taxes +€6,994
up €6,994 (+115%), from €6,098 to €13,092
- Financial charges +€725
up €725 (+174%), from €417 to €1,142
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €45,784 | €101,333 | +€55,549 | +121% |
| Current assets | 29/58 | €45,784 | €101,333 | +€55,549 | +121% |
| Amounts receivable within one year | 40/41 | €26,348 | €32,964 | +€6,616 | +25.1% |
| Trade receivables | 40 | €26,348 | €32,964 | +€6,616 | +25.1% |
| Cash at bank and in hand | 54/58 | €19,373 | €68,163 | +€48,790 | +252% |
| Deferred charges and accrued income | 490/1 | €63 | €206 | +€143 | +227% |
| Total equity and liabilities | 10/49 | €45,784 | €101,333 | +€55,549 | +121% |
| Equity | 10/15 | €23,770 | €32,292 | +€8,522 | +35.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,770 | €29,292 | +€8,522 | +41.0% |
| Provisions and deferred taxes | 16 | - | €36,469 | +€36,469 | |
| Provisions for liabilities and charges | 160/5 | - | €36,469 | +€36,469 | |
| Other liabilities and charges | 164/5 | - | €36,469 | +€36,469 | |
| Amounts payable | 17/49 | €22,014 | €32,572 | +€10,558 | +48.0% |
| Amounts payable within one year | 42/48 | €22,014 | €32,572 | +€10,558 | +48.0% |
| Trade debts | 44 | €1,392 | €1,646 | +€254 | +18.2% |
| Suppliers | 440/4 | €1,392 | €1,646 | +€254 | +18.2% |
| Taxes, remuneration and social security | 45 | €14,024 | €27,351 | +€13,327 | +95.0% |
| Taxes | 450/3 | €13,880 | €27,207 | +€13,327 | +96.0% |
| Remuneration and social security | 454/9 | €144 | €144 | = | 0.0% |
| Other amounts payable | 47/48 | €6,598 | €3,575 | -€3,023 | -45.8% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €36,469 | +€36,469 | |
| Other operating charges | 640/8 | €427 | €66 | -€361 | -84.5% |
| Gross operating margin | 9900 | €28,571 | €60,123 | +€31,552 | +110% |
| Operating profit (loss) | 9901 | €28,144 | €23,588 | -€4,556 | -16.2% |
| Financial charges | 65/66B | €417 | €1,142 | +€725 | +174% |
| Recurring financial charges | 65 | €417 | €1,142 | +€725 | +174% |
| Profit (loss) for the period before taxes | 9903 | €27,727 | €22,446 | -€5,281 | -19.0% |
| Income taxes | 67/77 | €6,098 | €13,092 | +€6,994 | +115% |
| Profit (loss) for the period | 9904 | €21,629 | €9,354 | -€12,275 | -56.8% |
| Profit (loss) for the period to be appropriated | 9905 | €21,629 | €9,354 | -€12,275 | -56.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.